L&T Finance reported a sharp rise in retail disbursements for the quarter ended March 31, 2026, driven by growth across its financing segments. Retail disbursements for the quarter are estimated at about ₹24,080 crore, marking a growth of around 62% year-on-year compared with ₹14,899 crore in the corresponding quarter of the previous financial year. The…
Devyani International Ltd has appointed Sandeep Anand as its new Chief Marketing Officer and Business Head for Pizza Hut, the company said in a regulatory filing. The board of directors approved the appointment through a circular resolution passed on April 3 following the recommendation of the Nomination and Remuneration Committee. Anand will take charge from…
Vedanta Ltd reported a strong operational performance for FY26, led by record output across aluminium, zinc and select industrial segments, even as oil and gas production remained under pressure. The company posted its highest-ever annual alumina production at 29.16 lakh tonnes, up 48% year-on-year (YoY), driven by a sharp ramp-up at the Lanjigarh refinery, the…
Saudi Arabia’s Public Investment Fund is considering taking an anchor stake of around $5 billion in Elon Musk’s SpaceX as the company eyes a whopping $2 trillion in valuation ahead of its planned IPO. The space exploration company is aiming to raise a record-breaking $75 billion in the listing scheduled for later this year, according…
Dabur India Ltd expects consolidated revenue to grow in the mid-single digits for the quarter ended March 2026 (Q4FY26), with operating profit likely to grow ahead of the topline, according to the company’s quarterly business update. The company said its India FMCG business witnessed sequential recovery in demand during the quarter and is expected to…
Deepak Nitrite Ltd has approved key leadership appointments, including the reappointment of Maulik Mehta as Deputy Managing Director and the appointment of Meghav Mehta as Deputy Managing Director, as part of its board decisions taken on April 3. The company said Maulik Mehta has been reappointed and elevated as Deputy Managing Director for a period…
US President Donald Trump’s decision to impose a 100% tariff on branded and patented pharmaceutical products and their active ingredients is expected to selectively impact Indian drugmakers with meaningful exposure to innovative medicines in the US market. While most Indian pharma exporters remain insulated as the tariff excludes generic and unbranded drugs, Sun Pharma and…
State Bank of India vs HDFC Bank: SBI shows stronger growth, profitability, and valuation appeal, while HDFC offers stability (Image: AI/ET Now) No stock data available SBI vs HDFC Bank: After months of underperformance amid global uncertainty and domestic headwinds, both banking stocks are beginning to show signs of value, according to a recent sector…
The brokerage noted that “during a period of heightened uncertainty & volatility (GFC, demonetisation, Covid, etc.), staple stocks have corrected but comfortably outperformed Nifty, given the product nature (sticky demand), strong balance sheets, etc.” Source link
Nifty Outlook: The negative news cycle of the past few weeks with respect to the war and consequent supply disruptions appears to have hypnotised market participants Highlights Geopolitical tensions drag indices, but recovery hopes remain Earnings growth seen resilient despite oil, macro risks Valuations correct, improving risk-reward across market segments Nifty Outlook: Indian equities have…
